USDOT Now Taking Applications for $850 Million in 2017 Fastlane Grants

Via AASHTO Journal​

U.S. Transportation Secretary Anthony Foxx announced Oct. 28 that the U.S. Department of Transportation's Build America Bureau is soliciting project applications through Dec. 15 for up to $850 million in a fiscal 2017 round of what the USDOT calls Fastlane grants.

The name is an acronym that stands for "Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies."

It uses money set aside in the Highway Trust Fund under the Fixing America's Surface Transportation to help pay for high-priority freight and highway projects across the country. The FAST Act authorized the program at $4.5 billion for fiscal years 2016 through 2020.

The USDOT awarded $759.2 million in the 2016 round, notifying Congress of its selections in July and issuing the awards in September. The department said those grants leveraged an additional $3.6 billion in other funding from federal, state, local, and private sources.

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